SOLUTION: The value of a gold coin picturing the head of the Roman Emperor Domitian is increasing at the rate of 7% per year. If the coin is worth $105 now, what will it be worth in 11 years

Algebra ->  Coordinate Systems and Linear Equations -> SOLUTION: The value of a gold coin picturing the head of the Roman Emperor Domitian is increasing at the rate of 7% per year. If the coin is worth $105 now, what will it be worth in 11 years      Log On


   



Question 893939: The value of a gold coin picturing the head of the Roman Emperor Domitian is increasing at the rate of 7% per year. If the coin is worth $105 now, what will it be worth in 11 years?
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
The value of a gold coin picturing the head of the Roman Emperor Domitian is increasing at the rate of 7% per year. If the coin is worth $105 now, what will it be worth in 11 years?
-----------------
FV = 105*1.07^11